Skip to content
5901 Gibson Avenue, FL
Stellar MLS

$1.95M

5901 Gibson Avenue

Tampa, FL 33617

Listing updated: July 29, 2026 at 1:01 AM ET

Active
Stellar MLSListing courtesy of Blue Peak Realty Llc · Matt Pereira · MLS #TB8533474 · Active · 727-777-7100
1,287
Building SF
0.85
Acres
12
Units
1973
Built
$1,515.15
Per SF
Multi-Family 5+6.06% cap rate$1,515.15/SF360° tour
Multi-Family 5+

Property type

1973

Year built

1,287 SF

Building size

37,180 sqft

Lot size

$1,515.15

Price / SF

12

Units

RMC-20

Zoning

0

Days on market

Investment & cash flow

6.06%
Cap rate
$118K
NOI / yr
$154K
Gross income (Projected)
$36K
Annual expenses
12.7
GRM
$1,515.15
Price / SF

Income includes: Parking

Figures provided by the listing broker — verify independently.

Lease terms

Occupancy
Tenant

About this property

Campus Gardens presents an exceptional opportunity to acquire a well-maintained 12-unit multifamily community located in Tampa's highly desirable USF corridor, just minutes from the University of South Florida, Moffitt Cancer Center, James A. Haley Veterans' Hospital, Advent Health Tampa, Busch Gardens, University Mall, and an abundance of shopping, dining, and entertainment. The property features twelve spacious 1 bed 1 bath apartments, each offering approximately 645 square feet with large living areas, central air conditioning, durable tile flooring, and individually metered electric service, allowing tenants to pay their own electricity. Units have been updated as they become available, and the one current vacancy is freshly updated and move-in ready, providing immediate leasing upside for the next owner. BRAND NEW ROOFS ON ALL SIX BUILDINGS (2025)! Investors will appreciate the property's low operating expenses, including a private well and two septic systems, eliminating municipal water and sewer costs. Situated on approximately 0.85 acres with RMC-20 zoning, the property also offers future redevelopment potential, subject to buyer verification and county approval. With 11 of 12 units currently occupied, strong in-place income, recent capital improvements, and an exceptional location serving university students, healthcare professionals, and the local workforce, Campus Gardens is a turnkey investment opportunity in one of Tampa's strongest rental markets.

Virtual tour

Facts & features

Property type
Commercial Sale
Sub type
Multi-Family 5+
Status
Active
Days on market
0
Subdivision
Unplatted
County
Hillsborough
Year built
1973
Building area
1,287 sq ft
Price/sq ft
$1,515.15
Lot size
37,180 sq ft
Units
12
Buildings
6
Stories
1
Electric meters
12
Water meters
0
Road frontage
City Street
Annual taxes
$18K (2025)
Parcel #
U-10-28-19-ZZZ-000001-31060.0
Zoning
RMC-20
MLS #
TB8533474

Utilities

Water source
Well
Sewer
Septic Tank

Listing details

Listing date
2026-07-28
On market date
2026-07-28
MLS area
33617 - Tampa / Temple Terrace
Status changed
2026-07-28
Tax legal description
S 144.78 FT OF N 169.78 FT OF E 256.8 FT OF W 1066.6 FT OF S 1/2 OF SW 1/4 OF NE 1/4

Location

Directions

Campus Gardens is located on Gibson Ave off 56th Street between Fowler & Fletcher.

MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of July 29, 2026 at 1:01 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Licensed Real Estate Broker · MaxLife Realty, LLC · FL Lic. #BK3354351 · Equal Housing Opportunity · Terms · DMCA

Get Market Insights Delivered

Weekly Central Florida CRE updates — cap rates, new listings, market trends, and investment opportunities. No spam, unsubscribe anytime.